Tax amnesty brings in $435 million

7:05 PM,
Dec. 12, 2013

Tim Barfield

Written by

Mike Hasten
mhasten@gannett.com

Delinquent taxpayers owing $435 million took advantage of the state's offer to clear their books during a tax amnesty period.

Department of Revenue Secretary Tim Barfield announced Thursday that so far $435 million has been received, and more is being processed. The amnesty period ran from Sept. 23 through Nov. 22.

That more than doubles the $200 million the Legislature counted on to balance this year's state budget. The remaining amount, minus about $78 million in deductions by the department, is eligible for use this year. ...